Report: Putin Orders Russian Billionaires To Pay Taxes

Russian President Vladimir Putin has issued an order to Russian billionaires: pay your taxes, according to USAToday.com.

“With a wave of Western sanctions over the annexation of Crimea about to hit, Putin has called on billionaires to pay taxes at home,” adds USAToday.com.

Putin, who met with some of Russia’s wealthiest citizens on Thursday, has served as the President of Russia since 2012. He has also served as Prime Minister of Russia.

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USAToday.com further states that: “German Chancellor Angela Merkel said on Thursday that Russia will face escalating European Union sanctions if it does not take steps to ease the crisis over Crimea. On Monday, the U.S. and the European Union announced sanctions against a limited number of individuals they say were involved in the unlawful referendum in Crimea over joining Russia.”

USAToday.com further states that most of whom was targeted by Putin to pay taxes were Russian politicians and not Russian businessman.

“The Ukrainian government says it plans to withdraw its troops from Crimea, where Russia has been taking control as its forces continue to seize military installations,” adds USAToday.com.